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The Pitfalls of Imputing Income
Too often, as attorneys in Family Law matters, we are faced with the questions presented when a couple's income does not match the lifestyle they have maintained, and the realization that cash income plays a role in that lifestyle. For example, we recently heard from a client that her husband “often came home from work with wads of cash.”
The issue to be resolved is the incongruity between the apparent lifestyle and the parties' inclusions of expenses on the Statement of Net Worth. A party may attempt to justify his alleged income by omitting various expenditures from his Statement of Net Worth. Frequently, reported income is inconsistent with the parties' bank records, credit card, utility and other payments, as when credit card payments indicated on credit card receipts do not match up with bank statements. Additionally, cash deposits may not be accountable as salary deposits.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.
CLE Shouldn't Be the Only Mandatory Training for Attorneys
Each stage of an attorney's career offers opportunities for a curriculum that addresses both the individual's and the firm's need to drive success.